Argus Partners is a leading Indian law firm with offices in Mumbai, Delhi, Bengaluru and Kolkata. Innovative thought leadership and ability to build lasting relationships with all stakeholders are the key drivers of the Firm. The Firm has advised on some of the largest transactions in India across various industry sectors. The Firm also, regularly advises the boards of some of the biggest Indian corporations on governance matters. The lawyers of the Firm have been consistently regarded as the trusted advisors to its clients with a deep understanding of the relevant business domain, their business needs and regulatory nuances which enables them to clearly identify the risks involved and advise mitigation measures to protect their interests.
The Department of Parliamentary Affairs and Legislation, Government of Karnataka, has on February 03, 2024, notified the Karnataka Stamp (Amendment) Act, 2023 which has amended the stamp duty applicable on instruments ...
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The Department of Parliamentary Affairs and Legislation,
Government of Karnataka, has on February 03, 2024, notified the
Karnataka Stamp (Amendment) Act, 2023 ("Amendment
Act") which has amended the stamp duty applicable on
instruments executed within the state of Karnataka. In addition to
revising the applicable stamp duty for instruments, including
without limitation, affidavits, deeds, memorandums, power of
attorney, title agreements, conveyance, counterparts, bonds etc.,
the Amendment Act has also a new article concerning bank
guarantees.
The key changes introduced by the Amendment Act, have been
summarized here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
Overview Of The Karnataka Stamp (Amendment) Act, 2023
IndiaGovernment, Public Sector
Contributor
Argus Partners is a leading Indian law firm with offices in Mumbai, Delhi, Bengaluru and Kolkata. Innovative thought leadership and ability to build lasting relationships with all stakeholders are the key drivers of the Firm. The Firm has advised on some of the largest transactions in India across various industry sectors. The Firm also, regularly advises the boards of some of the biggest Indian corporations on governance matters. The lawyers of the Firm have been consistently regarded as the trusted advisors to its clients with a deep understanding of the relevant business domain, their business needs and regulatory nuances which enables them to clearly identify the risks involved and advise mitigation measures to protect their interests.
